iBankCoin
Joined Jan 1, 1970
1,010 Blog Posts

As If

As if this market wasn’t complicated enough, with the various cross currents battling it out, now we’re laden with an entire industry spiking on account of a major company within the industry REDUCING estimates by 30% or some shit. I’ve been a little busy today, affected by LOLitis and now forced to attend prior engagements, but I plan on sitting down and looking at the steel & iron names later today. Bottom line is, if a company says we’re going to suck more than analysts think, and then spikes, then speculators have beaten the name to a pulp in preparation for something horrific. These names should definitely provide healthy risk/reward scenarios, should a name operate efficiently and/or the horrific speculation not come to fruition.

I’m outta here, again. Talk to ya later.

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